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Budapest Airport's privatization: revenues to go to central bank

Budapest, Hungary - The affair is expected to conclude on the next week

Proceeds from the sale of Budapest Airport’s managing company will go into the central bank’s foreign currency reserves, government sources revealed today. This means that the bank will convert the revenues, estimated at around EUR 2bn, into forints. Prime Minister Ferenc Gyurcsány announced yesterday that the decision about the Budapest Airport privatization could occur any time after next Wednesday and...

AVIONEWS - World Aeronautical Press Agency - 132297
Rome, Italy, 12/02/2005 17:04
AVIONEWS - World Aeronautical Press Agency

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